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china you know china pay seven twenty five five fifteen hour that's below the federal minimum wage how do they how do they pull that off well basically they have there's a lot them for car washing car washes where they had they supposed at the tip to the to the paycheck to make it look like seven twenty five but what they doing is the force of the you know they put him on it it's the same we make him eight hundred dollars the tip with only making fifty dollars that we can tip wow do you do they do they report that to the i.r.s. or just to you i mean how does how do they how do they get away with that. i really don't know so it's that they just have very good bookkeepers of him like that so so some of the other people that you were on strike essentially with today are out protesting with. any other stories that you heard that you thought were interesting . yeah her late stories from montana workers who would walk fifty blocks to the house because seven twenty five was and is enough for the rent it's not enough for the food to feed their families and it is very sad that people have to wa
china you know china pay seven twenty five five fifteen hour that's below the federal minimum wage how do they how do they pull that off well basically they have there's a lot them for car washing car washes where they had they supposed at the tip to the to the paycheck to make it look like seven twenty five but what they doing is the force of the you know they put him on it it's the same we make him eight hundred dollars the tip with only making fifty dollars that we can tip wow do you do they...
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starbucks is not slowing down in china. we see slowdown in china from yum! brands. we also see it from tiffany's. starbucks had a very, very good quarter. the stock gapped higher. analyst howard schultz said the right thing, they are not slowing down in china. green mountain i think has problems. they have too much competition. they have a lot of inventory. there is possible accounting. i would not be selling puts in a stock like green mountain, that you could blink your eye, it could be $25 next week. > > it went down from $110. i'm comfortable owning it at a lower level. i think- > > what level? it traded at $29- > > if i buy it at $30, i can live with that- > > it just traded 18 two months ago- but to get back to starbucks, starbucks is going into tea in india. that's big. > round number three: tip top ten. 10 s&p stocks make up 80% of the index climb. is that bullish or bearish for equity markets? > > obviously it is bullish. if you look at what stocks have rallied this year, we talked about it last week, is the banks. the banks have been on fire. apple is one o
starbucks is not slowing down in china. we see slowdown in china from yum! brands. we also see it from tiffany's. starbucks had a very, very good quarter. the stock gapped higher. analyst howard schultz said the right thing, they are not slowing down in china. green mountain i think has problems. they have too much competition. they have a lot of inventory. there is possible accounting. i would not be selling puts in a stock like green mountain, that you could blink your eye, it could be $25...
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china is starting to come back. on the other side of china, we should start to see good rebound. that is the premise. here we are in the united states with one of the best economies in the world getting better and the potential to take them off the rails with the fiscal cliff conversation. liz: more than 200 companies have moved up their dividend of dave. do you have plans to speed up your favorites before the end of the year, andrew? >> we have a very healthy dividend payment. we have what we consider a long-term approach. the short answer is, we are looking at all options. it is doubtful we will do anything. liz: are you in the cheering for you think it will not be as bad if they do not strike a deal? >> there is no business leader out there that is not in the camp of saying if this does not get done, this will be a very negative affect on the u.s. economy. we are in the camp, all of us, working hard to bring that point to both sides of the aisle. i believe that they are hearing that very loudly from many of us in the business community. the hammering out and the public domain
china is starting to come back. on the other side of china, we should start to see good rebound. that is the premise. here we are in the united states with one of the best economies in the world getting better and the potential to take them off the rails with the fiscal cliff conversation. liz: more than 200 companies have moved up their dividend of dave. do you have plans to speed up your favorites before the end of the year, andrew? >> we have a very healthy dividend payment. we have...
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the company will spend $100 million to shift production from china. apple originally made its computers in the u.s. but began outsourcing in the mid-1990's. t mobile will begin selling apple's iphone next year. it will become the last of the four largest carriers to offer the best selling device. analysts say adding the iphone may help t mobile lure more customers to long-term contracts and hold on to more subscribers. people are still loving the iphone, even with the dom nance of the samsung galaxy starting to take over. >> except mike. >> and derek, hello. >> who's learning. >> they're all good. >> somebody will have it under their tree i'm sure. >>> two months after montgomery county repaired a pothole riddled street, a utility company announced plans to dig it up again. >> don't you hate that? 9news returns in two minutes with more on that story. plus, your weather first. >>> good morning. welcome back to 9news now. it is 4:44 on friday. now it's a yellow alert day which means what? >> well, we have the yellow alert because that moisture is moving
the company will spend $100 million to shift production from china. apple originally made its computers in the u.s. but began outsourcing in the mid-1990's. t mobile will begin selling apple's iphone next year. it will become the last of the four largest carriers to offer the best selling device. analysts say adding the iphone may help t mobile lure more customers to long-term contracts and hold on to more subscribers. people are still loving the iphone, even with the dom nance of the samsung...
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russia and china have another. both sides actually need to move. holding on to positions that do not work. and the absence of a security council resolution means the joint u.n./terribly peace mission -- the joint u.n.-piece -- the joint u.n.-arab league peace mission is at a standstill it is hard for them to make progress. if they cannot make progress, then as things began to fragment here, more people die and the big worry is that syria might even descend into being a failed state. >> and now we go to retired general james dupnik at the institute for the study of war. thank you for coming in, general. how much do we know about what the syrians have in terms of chemical weaponry? >> i'm sure our intelligence agencies know a lot more than we do in reading the newspaper. but there's always a degree of ambiguity. we know 85% to 90 percent of what they are duly, but -- to 90% of what they are doing, but there's always an element of the unknown gruden >> what of their storage facilities? >> i think we would know about -- about their production facilitie
russia and china have another. both sides actually need to move. holding on to positions that do not work. and the absence of a security council resolution means the joint u.n./terribly peace mission -- the joint u.n.-piece -- the joint u.n.-arab league peace mission is at a standstill it is hard for them to make progress. if they cannot make progress, then as things began to fragment here, more people die and the big worry is that syria might even descend into being a failed state. >>...
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bowing to criticism, apple announced it will move production of some mac computers from china back into the u.s. the decision may be more economic with patriotic, with chinese wages on the rise. iphones and ipads will be assembled overseas. >>> and macy's are inviting customers to shop until you drop for the final week of christmas. macy's will be open from 48 hours straight, from december 21st to the 23rd, giving some shoppers much-needed time. if the move pays off for macy's, expect other stores to follow suit. >> good news for procrastinators. >> like you. >> exactly. >>> "fifty shades of grey" is turning into green for random house employees. thanks in part to the hugely popular book and its sequels, every employee from editors to warehouse workers is getting a $5,000 bonus. woo. not bad at all. >> 5,000 shades of grey. >> a lot of satisfied readers. >>> when we come back, baby swap. a careless hospital mixup that has two new mothers fighting mad. >>> and gone from the gridiron, an nfl staple may soon be getting the boot. ♪ you are my sunshine, my only sunshine ♪ ♪ you make me
bowing to criticism, apple announced it will move production of some mac computers from china back into the u.s. the decision may be more economic with patriotic, with chinese wages on the rise. iphones and ipads will be assembled overseas. >>> and macy's are inviting customers to shop until you drop for the final week of christmas. macy's will be open from 48 hours straight, from december 21st to the 23rd, giving some shoppers much-needed time. if the move pays off for macy's, expect...
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of china." serious question, do you think actual's doing this for politics or economics? >> actually both. but when you look at china, though, their manufacturing days are over. americans are less produmore pr less prone to strike -- >> are you sure american works are less prone to strike? we've reported on this show a whole bunch of strikes, including the hostess twinkie companies, the ports of los angeles and out on the west coast. we have obama in the white house. the unions are going whild here. in all seriousness, i don't think unions are any more placid here than they are in china. >> but in china, workers go out on wildcat strikes all the time. foxconn which manufactures about 97% of apple's products, they've been really subject to labor troubles, from suicides to strikes. so i think apple is starting to see that there are some really important economic reasons to manufacturing. they're not the only company doing that. >> is it robots they're going -- i was told that apple is going into a
of china." serious question, do you think actual's doing this for politics or economics? >> actually both. but when you look at china, though, their manufacturing days are over. americans are less produmore pr less prone to strike -- >> are you sure american works are less prone to strike? we've reported on this show a whole bunch of strikes, including the hostess twinkie companies, the ports of los angeles and out on the west coast. we have obama in the white house. the unions...
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conversation today, running from ad campaign assault from samsung, to the amount of business they do in china, and why can't those jobs be here. why can't you be a made in america company? >> you know, this iphone, as a matter of fact, the engine in here is made in america. and not only are the engines made in america, but engines are made in america that are exported. the glass on this phone is made in kentucky. so we have been working for years on doing more and more in the united states. next year, we will do one of our existing mac lines in the united states. >> let's say our constitution was a little different and barack obama called you in tomorrow and said get everybody out of china, and do whatever you have to do. make these, make everything you make in the united states, what would that do to the price of this device? >> honestly, it is not so much about price, it is about the skills, et cetera. over time, there are skills that are associated with manufacturing that have left the u.s. not necessarily people, but the education, the ability to produce them. >> that is sad, how do we ge
conversation today, running from ad campaign assault from samsung, to the amount of business they do in china, and why can't those jobs be here. why can't you be a made in america company? >> you know, this iphone, as a matter of fact, the engine in here is made in america. and not only are the engines made in america, but engines are made in america that are exported. the glass on this phone is made in kentucky. so we have been working for years on doing more and more in the united...
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due to the rising wages in china. the news comes a day after apple posted its worst stock drop in four years. it did rebound today. >>> the ongoing battle between apple and samsung continued in court today after a patent lawsuit. a judge appeared to be ready to cut down some of the billion dollar jury verdicts which apple recently won over samsung. the judge said the amount may be trimmed because the jury miscalculated damages. samsung is seeking an entirely new trial while apple is arguing for more money. >>> fog is starting to form around portions of the bay area as we take a look outside from the golden gate. this viability is not bad here. but we are seeing reduced visibility in napa, santa rosa. the fog is going to continue to form in other portions of the bay area, mainly our inland valleys and along the dealt -- -- the delta. temperatures in the 40s in a number of locations. concord, fairfield. >>> the new twists surrounding software mogul john mcafee. plus three people behind bars charged in connection to a se
due to the rising wages in china. the news comes a day after apple posted its worst stock drop in four years. it did rebound today. >>> the ongoing battle between apple and samsung continued in court today after a patent lawsuit. a judge appeared to be ready to cut down some of the billion dollar jury verdicts which apple recently won over samsung. the judge said the amount may be trimmed because the jury miscalculated damages. samsung is seeking an entirely new trial while apple is...
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so all my god china again trying to get involved certainly something that people are saying basically congress by voting against this. precaution is just you know trying to score some political points trying to kind of keep the power on its territory you know but of course when we see attempts in the u.s. to block anonymous comments online and of course you don't wiretapping and monitoring things online warrantless li it's a whole different story nobody's screaming and voting you know unanimously against that regulating the internet within u.s. borders is kind of what the deal is but the u.n. stepping in is taking it too far so it certainly is certainly something that looks like the way the congress is reacting to this if it's a matter of internet freedom that it can control that it's a whole different story when it comes to the u.n. body the u.s. is saying no thanks we'll deal with our things by ourselves interesting on a stasi i thank you that was our correspondent on a stasi at church. well then surveillance is getting outta hand these days well brace yourself for this for eyes and
so all my god china again trying to get involved certainly something that people are saying basically congress by voting against this. precaution is just you know trying to score some political points trying to kind of keep the power on its territory you know but of course when we see attempts in the u.s. to block anonymous comments online and of course you don't wiretapping and monitoring things online warrantless li it's a whole different story nobody's screaming and voting you know...
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>> well, you know, my assessment is that if i were china and i was in the economic position that china's in and i was in a position of where i have to look after my global security interests, i would consider building an aircraft carrier. and i might consider building several aircraft carriers. so the real question is whether we should be concerned with them or not. like any other country that builds aircraft carriers is whether or not those types of platforms will be successfully integrated into a global security environment that's a peaceful one. and they have a role in maintaining the peaceful global security environment. if the issue is that they're not part of that global security environment, then i think we have to be concerned about that. >> so -- [inaudible] >> well, i think we're, we're hopeful that they're part of the security environment, and we're doing everything we can possible with our, with the chinese at least on the mil to mil to try to bring them into the security environment in a way that's already fairly mature globally, in a way that they are productive part of tha
>> well, you know, my assessment is that if i were china and i was in the economic position that china's in and i was in a position of where i have to look after my global security interests, i would consider building an aircraft carrier. and i might consider building several aircraft carriers. so the real question is whether we should be concerned with them or not. like any other country that builds aircraft carriers is whether or not those types of platforms will be successfully...
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>> china remains a major issue for apple and tim cook seems to have a ready answer for it. why can't you be a made in america company? >> this iphone, as a matter of fact, the engine in here is made in america. and not only are the engines in here made in america, but engines are made in america and are exported. the glass on this phone is made in kentucky. so we've been working for years on doing more and more in the united states. next year, we will do one of our mac lines in the united states. >> let's say our constitution was a little different and barack obama called you in tomorrow and said, get everybody out of china and do whatever you have to do, make these, make everything you make in the united states. what would that do to the price of this device? >> honestly, it's not so much about price. it's about the skills, et cetera. over time, there are skills that are associated with manufacturing that have left the view out. >> cook says apple has already created more than 600,000 jobs here in the u.s., that includes everything from research and development to retail t
>> china remains a major issue for apple and tim cook seems to have a ready answer for it. why can't you be a made in america company? >> this iphone, as a matter of fact, the engine in here is made in america. and not only are the engines in here made in america, but engines are made in america and are exported. the glass on this phone is made in kentucky. so we've been working for years on doing more and more in the united states. next year, we will do one of our mac lines in the...
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they cited a drop in exports stemming from a territorial dispute with china. the bank officials say southeast asian economies are supported by solid domestic demand. they added the countries are relatively unaffected by the debt woes in europe. >>> as if to back up the ad bcs's projection, japan's economy remained out of steam in october. the latest key economic indicator fell for the seventh straight month. the cabinet office says the coincidence index of the economy ticked down 0.9 points from september to 90.6. the index tracks the current state of the economy and reflects activities like industrial output and employment. government officials trace the decline to the global economic slowdown. they said shipments of tvs and some other products suffered during the month. they downgraded their assessment of the economy to worsening for the first time since march 2009. >>> the operator of the fukushima daiichi nuclear plant has released information about the doses of radiation workers were exposed to at the plant. tokyo electric power company had earlier submit
they cited a drop in exports stemming from a territorial dispute with china. the bank officials say southeast asian economies are supported by solid domestic demand. they added the countries are relatively unaffected by the debt woes in europe. >>> as if to back up the ad bcs's projection, japan's economy remained out of steam in october. the latest key economic indicator fell for the seventh straight month. the cabinet office says the coincidence index of the economy ticked down 0.9...
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that we are most proud of is the fact that we still import more product from europe than we do from china. so you are talking about artisan product, product that has a story to it. that's special. you don't see that in retailing in america. >> reporter: stores like sur la table are expected to be one of the few bright spots in an otherwise lackluster holiday season for merchants. in fact, some experts think home goods will be hotter than toys this holiday season. ibm projects home goods will see the strongest sales growth this year, up over 6%. that's far more than toys and electronics. >> you may ask yourself, why home? we think home is up because of a lot of things-- things like the changing demographic of the home itself. there's a stat that says that 41% of those between 25 and 29 are living back at home. >> reporter: but there also a second reason. >> we think that this holiday people are buying what they need vs. what they want. >> reporter: which had me wondering what's on jack schwefel's wish list this holiday season. it wasn't this $5,500 coffee maker. >> there are some new knive
that we are most proud of is the fact that we still import more product from europe than we do from china. so you are talking about artisan product, product that has a story to it. that's special. you don't see that in retailing in america. >> reporter: stores like sur la table are expected to be one of the few bright spots in an otherwise lackluster holiday season for merchants. in fact, some experts think home goods will be hotter than toys this holiday season. ibm projects home goods...
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the tech stocks that led the stock market said it will move some of its mass computer production from china to the u.s. it accounts for less than 20% of apple's business. the rest is from ipod and ipad production. one factor may be that tiny labor costs are rising much faster than u.s. wages. and the securities and exchange commission is investigating netflix and the company's ceo. he's dismissing the claim that his facebook post in july may have posted the online video stock price. at the time he mentioned how much netflix viewing had increased. the stock price rose 19% over a two day period. the power of a facebook post. >> you got watch what you post on facebook. that goes for everybody. >> yes. >> ashley morrison here in new york. have a good weekend. coming up next your friday morning weather and later royal recovery update. the duchess of cambridge leaves the hospital after a three day stay. umatoid arthritis means living with pain. it could also mean living with joint damage. help relieve the pain and stop the damage with humira, adalimumab. for many adults with moderate to severe ra
the tech stocks that led the stock market said it will move some of its mass computer production from china to the u.s. it accounts for less than 20% of apple's business. the rest is from ipod and ipad production. one factor may be that tiny labor costs are rising much faster than u.s. wages. and the securities and exchange commission is investigating netflix and the company's ceo. he's dismissing the claim that his facebook post in july may have posted the online video stock price. at the time...
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. >> the way bush has done it, over the last eight years is to take out a credit cardback of china in the game of the children, driving up the national debt. that is irresponsible and unpatriotic. >> eric: unpatriotic. $5 trillion in debt. president obama will add ten, 11, 12 trillion in debt. when he is done with this. >> for years, president obama running when he was senator, running for president always said that the bush tax cuts were only for the rich and only benefit the rich. now he says that the republicans are holding hostage for the lower and middle class. the tax cuts will expire. hypocrisy knows no bounds. >> bob: you just keep shooting your mouth off over and over about this stuff. i said if they came up with a deal on inflation adjustment on social security it would save money. >> dana: cola adjustment is not a big deal. >> bob: yes, you talk about a significant amount of money over ten years. here is the problem. means testing for medicare. >> eric: the problem is everything that -- [ overtalk ] >> eric: everything on the table won't solve the debt problem. >> andrea: t
. >> the way bush has done it, over the last eight years is to take out a credit cardback of china in the game of the children, driving up the national debt. that is irresponsible and unpatriotic. >> eric: unpatriotic. $5 trillion in debt. president obama will add ten, 11, 12 trillion in debt. when he is done with this. >> for years, president obama running when he was senator, running for president always said that the bush tax cuts were only for the rich and only benefit the...
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china overnight one of the few indexes that is breaking that trend. suggests a modestly improving economy there. right now though most of the major european markets are trading down. checking in on our numbers the futures do indicate a lower opening here as well. a lot is going to depend on the next ten minutes. 11 minutes from now when the employment report comes out. see what happens there. small gains as you can see yesterday across the board for the dow, nasdaq, and s & p. >>> remember that card we talked to you about the gift card star buck stainless steel gift card goes on sale today. and also as the copy chain plans to open 1500 new locations. so people like starbucks. >>> time now 5:20. new problems this morning for katt williams. there is a new arrest warrant. we'll also tell you what his managers are saying about claims he has retired. >>> plus a new push to change airline policies. how it's connected to the growing popularity of e readers and tablets. >>> you can wake up with ktvu every morning get the mornings top stories that developed wh
china overnight one of the few indexes that is breaking that trend. suggests a modestly improving economy there. right now though most of the major european markets are trading down. checking in on our numbers the futures do indicate a lower opening here as well. a lot is going to depend on the next ten minutes. 11 minutes from now when the employment report comes out. see what happens there. small gains as you can see yesterday across the board for the dow, nasdaq, and s & p. >>>...
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it is because of the free trade with china that is killing us. we are going to go bankrupt because of that. we need to put tariffs on china and bring jobs back to the country. host: are these things you think congress can tackle until the next couple of weeks before we hit the deadline? i think we lost brian and there. a comment from this but talking about the fiscal cliff issue. -- a comment from facebook talking about the fiscal cliff issue. i want to show you a bit this morning of president obama in an interview with the bloomberg tv on tuesday talking about where he is in the debate. [video clip] >> i did not expect republicans to agree to any plan where they are betting that the entitlement reform will happen. we will have to have specific downpayments now recognizing we will have to continue to work to see if we can come up with better ideas to reduce health- care costs over the long term. that is the framework we are operating on. within that framework, i am happy to be flexible. i recognize i will not get 100%. i will not agree to a plan
it is because of the free trade with china that is killing us. we are going to go bankrupt because of that. we need to put tariffs on china and bring jobs back to the country. host: are these things you think congress can tackle until the next couple of weeks before we hit the deadline? i think we lost brian and there. a comment from this but talking about the fiscal cliff issue. -- a comment from facebook talking about the fiscal cliff issue. i want to show you a bit this morning of president...
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romney lost the election, but i think he was right about the need to get tough with china. i think that would help up a lot. also, we should open up more offshore areas for drilling, produce more of our own oil, those kinds of things bring down the trade deficit a lot and create the ability to deal with our deficit more reasonably and still provide for people in a more reasonable way. >> so, jared, another area of concern is republicans are now threatening to use the debt ceiling again to basically take the country hostage again. yesterday i compared the debt ceiling -- >> when you talk about the debt ceiling you get very loud. >> i get very emotional. i don't know about that. i do get very emotional. i compared it it to physicianle c fiscal syphilis yesterday. >> i heard your rant. i linked to it on my blog. >> thank you. last time they took the country hostage, it was very damaging, i think, for confidence in our political system, the u.s. credit rating was actually downgraded. it didn't seem to have that much of an impact on the economy. what can we expect if republicans
romney lost the election, but i think he was right about the need to get tough with china. i think that would help up a lot. also, we should open up more offshore areas for drilling, produce more of our own oil, those kinds of things bring down the trade deficit a lot and create the ability to deal with our deficit more reasonably and still provide for people in a more reasonable way. >> so, jared, another area of concern is republicans are now threatening to use the debt ceiling again to...
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we're better than china. meanwhile our energy costs are plummeting courtesy of the cleaner, cheaper fuel, natural gas. so cheap here it can be liquefied in the united states and sold overseas at much lower prices. potential exporter dominion later tonight. that business unimpeded by washington could be brimming with jobs. a lot of projects on hold, though, fiscal cliff. yep, the obstacle is washington, all because of the need to sock it to the 2%, not the 1.5% and the over $400,000 crowd, the 1%, or the need to fulfill the anti-tax pledge of allegiance many of our congressmen made to my college chum grover norquist. i thought bill gates and chief justice roberts were powerful. he makes the other guys look like crash dummies. we're on the cusp of an economic boom in this country. but we have politicians that would rather create a recession, a mandated economic collapse, let's create a bear market versus rising above. and guess what? these enemies of wealth and job creation may get their way and win. yes, to bo
we're better than china. meanwhile our energy costs are plummeting courtesy of the cleaner, cheaper fuel, natural gas. so cheap here it can be liquefied in the united states and sold overseas at much lower prices. potential exporter dominion later tonight. that business unimpeded by washington could be brimming with jobs. a lot of projects on hold, though, fiscal cliff. yep, the obstacle is washington, all because of the need to sock it to the 2%, not the 1.5% and the over $400,000 crowd, the...
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apple has faced criticisms for working conditions in china. >> and mom to be, katherine, duchess of cambridge, has left the hospital where she was treated for acute morning sickness. her husband prince william escorted her to a waiting car. the palace has yet to announce a due date for the new royal who will be next in line to the throne after dad. >>> and president obama and his family celebrated the annual christmas tree lighting. the first lady told him to make his remarks brief because she wanted to hear music. ♪ you better not shout ♪ you better not cry ♪ santa claus is coming to town ♪ ♪ eahe's making a list ♪ ♪ he's checking it twice ♪ he's going to find out who's naughty or nice ♪ >> they were celebrating in d.c. in just hours from now, the jobs report suspected to come out and it's expected to be messy. some analysts say no matter what it shows, no one should read too much into it. how are some business finding ways to keep jobs and their doors open while others are failing? tom foreman went looking for answers in new york. >> amid the bustle of broadway, against th
apple has faced criticisms for working conditions in china. >> and mom to be, katherine, duchess of cambridge, has left the hospital where she was treated for acute morning sickness. her husband prince william escorted her to a waiting car. the palace has yet to announce a due date for the new royal who will be next in line to the throne after dad. >>> and president obama and his family celebrated the annual christmas tree lighting. the first lady told him to make his remarks...
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in china that make the products. several contract workers jumped to their deaths rather than continue working in china. after media reports, apple began to improve conditions. >> they love the computers but we were talking about that over dinner and saying, you know, i don't know. it's not conscious consumerism which is what we're looking at. where is your money going, what is it supporting? people jumping off buildings? >> reporter: made in america may be an emerging trend but apple isn't the first. its rival google announced last summer that its new media streaming device called the nexus q is made in the u.s. speculation is rampant about what computer and where in the u.s. apple will manufacture its former assembly plant in elk grove one possibility. although some see apple's decision as a public relations move, one user says it's right for the times. >> i hope it's something tangible. this is also for the stakeholders. people on the ground actually working on the apple phones. >> reporter: low wages and low fuel
in china that make the products. several contract workers jumped to their deaths rather than continue working in china. after media reports, apple began to improve conditions. >> they love the computers but we were talking about that over dinner and saying, you know, i don't know. it's not conscious consumerism which is what we're looking at. where is your money going, what is it supporting? people jumping off buildings? >> reporter: made in america may be an emerging trend but...
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they moved all their manufacturing into china. they have been criticized for not creating more u.s. jobs. no word on where the apple manufacturing would take place. hurricane senate will play a big role in the numbers. nearly half of baby boomers with pensions say they anticipate retiring with debt other hand, primarily in mortgage. and expect to retire with student loans thadebt. some are better at managing their money than the average american. respondents reported higher annual incomes and cared less debt. at the new york stock exchange, i'm jane king, bloomberg news, for wbal-tv 11 news. back to you. >> thank you. have a great weekend. >> 6:20. rgiii verses the ravens' d. keith mills will have a preview. >> here is a look at last night's winning maryland lottery numbers. >> now insta-weather plus and traffic pulse 11 together. >> good morning. sarah caldwell checking on your morning commute. let's bring you up to date. 95 from the white marsh area around 58 miles per hour. starting to build south of white marsh. you will start to see some brake lights. east on 70, no problems to
they moved all their manufacturing into china. they have been criticized for not creating more u.s. jobs. no word on where the apple manufacturing would take place. hurricane senate will play a big role in the numbers. nearly half of baby boomers with pensions say they anticipate retiring with debt other hand, primarily in mortgage. and expect to retire with student loans thadebt. some are better at managing their money than the average american. respondents reported higher annual incomes and...
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we have barack obama in 2008 said that he with are taking a credit card to the bank of china in the name of our kids. he said then we had $9 trillion in debt. now we have over 16. he called $9 trillion reckless, irresponsible and nonpatriotic. so my question to you is, i think this issue, and this is for the republicans politically, this to me is now a national morale issue. >> it is. >> this is about our kids. you have kids, david has kids, i have kids. we are stealing from them. we are robbing them. a child born today owes nearly 300 grand -- no wonder they are crying when they come out of their mother's woman because they are broke. when will the democrats deal with their reckless spending? >> it doesn't help if we have those children born into an economy that goes backwards. >> like the obama economy. >> we need to promote growth and invest in people. >> yes. >> it's like having spending and saying i'm not sending my kid to college because we can save a dime today. that's shortsighted thinking and not what we need. >> government spinning does not cause growing. you have to start beli
we have barack obama in 2008 said that he with are taking a credit card to the bank of china in the name of our kids. he said then we had $9 trillion in debt. now we have over 16. he called $9 trillion reckless, irresponsible and nonpatriotic. so my question to you is, i think this issue, and this is for the republicans politically, this to me is now a national morale issue. >> it is. >> this is about our kids. you have kids, david has kids, i have kids. we are stealing from them....
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how good is china? how weak is china. don't worry about it. unit growth coming back. china will follow in terms of same store. the market disagrees. i think the stock is very cheap. it's show me. until we see an inflection point in china, right now people feel like it's gone like this. be careful. yum. >> there are some lonely bulls out there on yum even at these levels. >> i happen to think that the united states could turn. i like the ceo. he's always reacted to whatever is bad. i don't want to write-off yum. i feel like this was so devastating. i got to see something positive before i can come on this show and say buy it. >> how about wsm? >> here's a terrific report. they say the growth story is unappreciated. william sonoma next week pier 1 reports next week restoration hardwa hardware. everything in the house is doing better. possible sandy story. possible employment story. where would those employment numbers be had it not been for sandy? business is real good for ll. no one wants to say our business is great because of sandy because of the loss of life and the
how good is china? how weak is china. don't worry about it. unit growth coming back. china will follow in terms of same store. the market disagrees. i think the stock is very cheap. it's show me. until we see an inflection point in china, right now people feel like it's gone like this. be careful. yum. >> there are some lonely bulls out there on yum even at these levels. >> i happen to think that the united states could turn. i like the ceo. he's always reacted to whatever is bad. i...
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for years apple faced criticism for working conditions at its supply factories in china. >>> mom-to-be katherine dush chet of cambridge left the hotel where she was treated for acute morning sickness. her husband escorted her to a waiting car. the palace has yet to announce a due date for the new royal who will be next in line to the throne after dad. >>> president obama and his family celebrated the annual christmas tree lighting near the white house tonight. the president said the first lady told him to make his remarks brief because she wanted to hear music. ♪ you better watch out ♪ you better not shout i'm telling you why ♪ ♪ santa claus is coming to town ♪ ♪ he's making a list and he's checking it twice ♪ ♪ he's going to find out who is naughty or nice ♪ >> they were celebrates in d.c. just hours from now the november jobs report comes out and it's expected to be messy between holiday hiring and the aftermalgt of sandy, some analysts say no matter what it shows no one should read much into it. with the holidays upon us how are businesses finding ways to keep jobs
for years apple faced criticism for working conditions at its supply factories in china. >>> mom-to-be katherine dush chet of cambridge left the hotel where she was treated for acute morning sickness. her husband escorted her to a waiting car. the palace has yet to announce a due date for the new royal who will be next in line to the throne after dad. >>> president obama and his family celebrated the annual christmas tree lighting near the white house tonight. the president...
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the reason for the rise could be prosperity in developing countries like china to the idea of a more peaceful world year. the 1 billion stores across an international boundary on december 13th. >> bay area sports and the raiders taking on the broncos at the coliseum last night. peyton manning through his 30th touchdown pass of the season and went on to beat the raiders 26 to 13. carson, threw an interception that thwarted a possible scoring opportunity for the raiders. he also lost a fumble that set up a touchdown for the broncos as oakland lost its sixth straight game. the raiders to gun kansas city chiefs' next monday december 16th at the coliseum at 125. >> 8:52 a.m. and we will be back in a couple of minutes. here is the lead from the roof on foot van ness and san francisco. blue skies and we are looking at nice sunshine for today and right for your weekend. before cold & flu season, help prevent with lysol disinfectant spray. and use the lysol no touch hand soap for 10 times more protection with each wash. this season, a good offense is the best defense. lysol. mission for healt
the reason for the rise could be prosperity in developing countries like china to the idea of a more peaceful world year. the 1 billion stores across an international boundary on december 13th. >> bay area sports and the raiders taking on the broncos at the coliseum last night. peyton manning through his 30th touchdown pass of the season and went on to beat the raiders 26 to 13. carson, threw an interception that thwarted a possible scoring opportunity for the raiders. he also lost a...
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you don't have to ship from china the saving money. suddenly the math isn't adding up. >> they're deciding made in america makes more sense? >> yes, an economic question about being made in america. not a patriotic question. it is an economic question. >> david muir, abc new, new york. >> the guy said a mouthful there. not a patriotic decision, it is an economic decision. whatever gives them more profit. whatever takes the least out of the bottom line is what major companies always opt to do. >> they will begin putting together macs here in the united states in 2013. back in the 80s. the original, original mac factory in free mont, california, failed for several reasons. conveyor belts led to excessive handles. >> kidding the customer base, apple has built, insanely loyal customer base in the country. nice to see them reinvest that become here regardless of cost. don't think apple is hurting for money. >> think they can afford to come back to america. >> exactly. apple, it biggest rival may be getting a legal break. a federal judge in
you don't have to ship from china the saving money. suddenly the math isn't adding up. >> they're deciding made in america makes more sense? >> yes, an economic question about being made in america. not a patriotic question. it is an economic question. >> david muir, abc new, new york. >> the guy said a mouthful there. not a patriotic decision, it is an economic decision. whatever gives them more profit. whatever takes the least out of the bottom line is what major...
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now have more than investors in china than silicon valley. why? because they believe the opportunities there are significant. if they have more people, there are more opportunities there than they are here. there are many examples like that. >> i would not say there have not been other countries to expand opportunities. there was not much chance to go back home, many of these nations, 25, 30 years ago. the flattening of the globe has happened. there is a free flow of capital and ideas at this point. but i will build more. i still would not trade our position for anywhere else in the world. we still have a stronger university based, particularly at the high end. we still have come up with our challenges, more access to capital markets. we still haven't of entrepreneurial system that, even though some complain about the level of regulation, is still " more robust. what we have to do is simply recognize, though, that not every id will be originally thought of in america. we used to have such an enormous advantage in every field that we had that abili
now have more than investors in china than silicon valley. why? because they believe the opportunities there are significant. if they have more people, there are more opportunities there than they are here. there are many examples like that. >> i would not say there have not been other countries to expand opportunities. there was not much chance to go back home, many of these nations, 25, 30 years ago. the flattening of the globe has happened. there is a free flow of capital and ideas at...
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it will move one of the manufacturing operations from china for the production of an existing line of macs. it's still unclear where that assembly plant will be located. >>> clorox corporation has reached a deal with a san diego based investor to sell its headquarters. west corp properties has agreed to buy the 24 story building on broadway. terms of the deal has not been disclosed. however a 15 year lease back arrangement will allow clorox to keep its headquarters there in the building. >>> time now 6:21. new information about a berkeley bicyclist shot to death outside of a middle school. what her family thinks happen and how they are coping with her death. >>> a dramatic break down in nhl labor negotiations. what it could mean for businesses in san jose that are already hurting. -what's up? i'm chris. -and i'm erik. both: we're the fruit guys! back in 1998, we had this idea to deliver fresh fruit to offices in downtown san francisco. we built these wooden crates, filled these with fruit in my one-bedroom apartment. the fruit guys has been with bank of america since they first starte
it will move one of the manufacturing operations from china for the production of an existing line of macs. it's still unclear where that assembly plant will be located. >>> clorox corporation has reached a deal with a san diego based investor to sell its headquarters. west corp properties has agreed to buy the 24 story building on broadway. terms of the deal has not been disclosed. however a 15 year lease back arrangement will allow clorox to keep its headquarters there in the...
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i love apple products but i hate the fact they are made in china. now, tick tim cook is changing steve jobs' philosophy. he is bringing the company in a welcomed new direction, telling brian williams that starting next year they will manufacture one entire line of computers here in the u.s.a. $100 million worth. just anytime for me because now i can switch from my del laptop to a new macpro. how excited it will be to buy that macpro and see those magic words stamped on the back of it, "made in the u.s.a. "that's my parting shot for today, folks here we go into the weekend. enjoy it. kick back. make the most of it. get all of your christmas shopping done and come on back and see us right here on monday! have a good one. >> this is "the bill press show."
i love apple products but i hate the fact they are made in china. now, tick tim cook is changing steve jobs' philosophy. he is bringing the company in a welcomed new direction, telling brian williams that starting next year they will manufacture one entire line of computers here in the u.s.a. $100 million worth. just anytime for me because now i can switch from my del laptop to a new macpro. how excited it will be to buy that macpro and see those magic words stamped on the back of it,...